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Zhang, ZhongXiang - 2018

The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China's...

Persistent link: https://www.econbiz.de/10012918048

Energy Prices, Subsidies and Resource Tax Reform in China

Zhang, ZhongXiang - 2014

The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...

Persistent link: https://www.econbiz.de/10013048485

Programs, Prices and Policies Towards Energy Conservation and Environmental Quality in China

Zhang, ZhongXiang - 2014

China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...

Persistent link: https://www.econbiz.de/10013051566

Redistribution Effects of Energy and Climate Policy : The Electricity Market

Hirth, Lion; Ueckerdt, Falko - 2015

policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus … the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions: while …

Persistent link: https://www.econbiz.de/10014162886

Fossil Fuel Extraction and Climate Policy : A Review of the Green Paradox with Endogenous Resource Exploration

Österle, Ines - 2012

Policies aimed at reducing emissions from fossil fuels may increase climate damages. This 'Green Paradox' emerges if resource owners increase near-term extraction in fear of stricter future policy measures. Hans-Werner Sinn (2008) showed that the paradox occurs when increasing resource taxes are...

Persistent link: https://www.econbiz.de/10014041180

Fixed Instruments to Cope With Stock Externalities an Experimental Evaluation

Giordana, Gastón; Willinger, Marc - 2007

We evaluate the effectiveness of non optimal and temporally inconsistent incentive policies for regulating the exploitation of a renewable common-pool resource. The corresponding game is an N-person discrete-time deterministic dynamic game of T periods fixed duration. Three policy instruments...

Persistent link: https://www.econbiz.de/10014049011

Governance and Environmental Policy Integration in Europe : What Can We Learn from the EU Emission Trading Scheme?

Buchner, Barbara; Catenacci, Michela; Sgobbi, Alessandra - 2007

The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world's first large-scale greenhouse gas (GHG) trading program. The coexistence of state actors and top-down processes with stakeholders participation and flexible abatement strategies make...

Persistent link: https://www.econbiz.de/10014050492

Environmental Taxation and International Eco-Industries

Canton, Joan - 2014

Environmental policies are discussed when two countries differ in their ability to abate pollution. Northern eco-industries (the industry supplying abatement activities) are more efficient than Southern ones. Segmented environmental markets and a Northern monopoly yield identical second-best...

Persistent link: https://www.econbiz.de/10014052214

Redealing the Cards : How the Presence of an Eco-Industry Modifies the Political Economy of Environmental Policies

Canton, Joan - 2007

An incumbent government maximizes its chances of being reelected. Its objective function encompasses both social welfare and political contributions. Its only instrument is a pollution tax. In an open-economy context, we introduce an eco-industry in addition to lobbies of polluting firms and...

Persistent link: https://www.econbiz.de/10014052215

The Production and Consumption Accounting Principles as a Guideline for Designing Environmental Tax Policy

Serrano, Mònica - 2014

This paper evaluates two alternative tax policies aimed at reducing atmospheric pollutant emissions. One based upon an environmental tax that burdens directly firms' emissions, and the other one that burdens both directly and indirectly household consumption's emissions. Applying input-output...

Persistent link: https://www.econbiz.de/10014053080